dinhchien
Short

BCHBTC - Short again at Daily

BITFINEX:BCHBTC   None
Bitcoin cash / Bitcoin is still in the long-term downtrend. Look at the left two wave groups decide the decay still effective:
1. Weekly: (I) (II) ( III ) ... currently in wave ( III )
2. Daily I, II, III ... are currently in wave IX increasing the adjustment to wave X.
Plan 1: Waiting for X wave zone waiting for a signal to sell down XI wave.
Plan 2: sell limited at 0.07852-0.07994
Stop loss: 120fibo (0.08290)
Take profits 1: 61.8fibo (0.07132)
Take profits 2: 100fibo (0.06581)
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